The catch in recovering a hacked crypto wallet: the thief may still have a key
The catch in recovering a hacked crypto wallet: the thief may still have a keySome Keplr social-login keys may be exposed; restoring access does not establish exclusive control.
Keplr reported a private-key breach affecting some social-login users. Using the same key in another app would leave the potentially exposed signing secret unchanged. Keplr said recovery-phrase and hardware-wallet accounts were not affected. Separately, Bitcoin ETF withdrawals were concentrated in BlackRock’s IBIT before the November 10 inflation release. The CFTC is pressing derivatives exchanges to reconsider geographic restrictions, although its interpretation leaves separate court rulings on Kalshi’s contracts and state gambling laws intact. Top NewsThe catch in recovering a hacked crypto wallet: the thief may still have a key
Keplr’s November 7 guidance advised potentially affected social-login users against sending new funds and recommended moving remaining liquid assets to a recovery-phrase or hardware-wallet account. Web3Auth said it and partners had begun whitehat recovery efforts, while Keplr said some reduced balances could reflect mitigation and that staked or locked assets complicated recovery. Web3Auth’s status page had not confirmed login restoration at 13:08 UTC on November 8; account-level recovery outcomes were unresolved in the reporting.
One BlackRock fund dominates Bitcoin’s billion-dollar ETF exodusIBIT accounted for $1.21 billion of the group’s $1.282 billion net withdrawals during November 2 to 6, while Fidelity attracted $93 million in net inflows. Net fund flows do not establish equivalent open-market Bitcoin sales. Who gets to block your Kalshi bets? Washington just escalated the fightThe CFTC gave designated contract markets 30 days from its November 5 release to remove geographic restrictions that violate impartial-access rules or explain infeasibility. Its interpretation does not reverse the Sixth Circuit’s separate swap-classification and preemption holdings. What We’re Watching
Elsewhere in CryptoXRP could double while this yield strategy leaves you far behind. The 4.7% annualized fee estimate observed November 7 does not establish realized income or total pool returns. Nvidia’s CEO, an alleged romance and a suspected Chinese spy: Congress wants answers. House chairs requested a November 11 reply; allegations remain unproven and the November 18 briefing is unconfirmed. A single AI forecast inflates US power auctions by $5.7B. The monitor’s model attributes a $5.7 billion capacity-auction gap to forecast data-center growth, without isolating AI. The diesel problem that could spoil Bitcoin’s hopes for cheaper money. Distillate stocks fell despite weekly fuel-price declines; any effect on Bitcoin depends on broader inflation and financing conditions. Why Wall Street can use Ethereum without betting on ETH. April’s BUIDL framework lets eligible clients use dollar-fund tokens as collateral; it does not establish ETH displacement. The Catalyst by CryptoSlateWhat’s moving crypto. Why it matters. What to watch next. CryptoSlate has covered crypto, markets, and decentralized technology since 2017. Read CryptoSlate · Tips, questions & corrections · Sponsor The Catalyst For information, not investment advice.
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